Drax Posts Slight Beat to Expectations -- Market Talk
Dow Jones
Feb 26
0948 GMT - Drax's Ebitda comes in slightly ahead of consensus and its outlook for 2026 aligns with expectations, RBC Capital Markets analysts Alexander Wheeler and Ziyad Jasimuddin write. Its 2025 performance was driven by record levels of biomass generation, pellet production and earnings from its hydro unit, they say. The U.K. power-generation company is comfortable with 2026 Ebitda expectations of 662 million pounds, the analysts add. Shares rise 3% to 909 pence. (adam.whittaker@wsj.com)
(END) Dow Jones Newswires
February 26, 2026 04:48 ET (09:48 GMT)
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